Insights and Stories on Feeder Cattle

Apr. 20, 2016 at 5:52 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts slid for an eighth day in a row on Wednesday as long liquidation continued, said traders. April live cattle closed 1.025 cents/lb. lower at 126.3 cents, and June ended down 1.3 cents/lb. at 117.275 cents (all figures US$). Both contracts […]

By Theopolis Waters

Apr. 19, 2016 at 3:40 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures lost ground again on Tuesday, pressured by more long liquidation following the morning’s wholesale beef price setback, said traders. April live cattle closed 1.15 cents/lb. lower at 127.325 cents, and June ended down 0.6 cent/lb. at 118.575 cents (all figures […]

By Theopolis Waters

Apr. 18, 2016 at 7:09 pm CDT

Western Canadian feeder cattle markets were relatively stable over the past week while prices in the major feeding regions were $2 to $5 higher. Alberta fed cattle prices were $2 higher, trading in the range of $170 to $172, which bolstered buying enthusiasm in the heavier weight categories. Feedlot operators […]

By Jerry Klassen

Apr. 18, 2016 at 5:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed sharply lower on Monday, with nearby contracts down by their three-cent-pr-pound daily price limit, shaken by sell stops and fund liquidation, traders said. April and June live cattle ended down by the three-cent limit at 128.475 and 119.175 cents/lb., […]

By Theopolis Waters

Apr. 15, 2016 at 4:14 pm CDT

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts gained modestly on Friday, supported by brisk wholesale beef demand and futures’ discounts to a small number of cash cattle that sold so far this week, traders said. April live cattle ended down 0.275 cent/lb. to 131.475 cents (all […]

By Theopolis Waters